NOT LISTED FOR SALE

68 Gray Rd Palmyra, ME 04965

Estimated Value: $195,000 - $243,000

3 Beds
1 Bath
1,360 Sq Ft
$161/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $199,900 $147 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,300/month

16 Days on Market

Highlights

  • View of Trees or Woods
  • Home Office
  • Living Room
  • No HOA
  • Cooling Available
  • Laundry Room

About This Home

As of August 2024

Newly renovated single family home in a fantastic neighborhood! Recent updates have made this split level ranch more versatile and homey, with potential for new creative ideas to be explored. Close to town, restaurants, shopping, parks, and baseball fields, this home is nestled away on a dead end road. Plenty of privacy, away from the noise of traffic, with quiet but friendly neighbors and plenty of space to walk the dogs or ride bikes, 2 miles from 95, 25 minutes to Bangor or Waterville Motivated Seller

Last Agent to Sell the Property

Mike Merrow

Berkshire Hathaway HomeServices Northeast Real Estate Listed on: 07/15/2024

Berkshire Hathaway HomeServices Northeast Real Estate

Last Buyer's Agent

Michael Merrow

Trundy & Company Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,285

Year Built

  • Built in 1975

Lot Details

  • 0.88 Acre Lot
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Split Foyer
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,360 Sq Ft Home
  • Living Room
  • Home Office
  • Views of Woods
  • Laundry Room

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Outdoor Features

  • Outbuilding

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 41-5
  • Assessor Parcel Number PALA-000005-000041-000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,285

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.88
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: from the light in Newport head west on Rte 2, At the top of the hill the Gray road is on your right, home will be on your left
  • Above Grade Finished Sq Ft: 1360.0
  • Architectural Style: Split Entry
  • Garage Yn: No
  • Year Built: 1975
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.88
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1360.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Office:Office: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • View:Fields: Yes
  • Basement:Sump Pump: Yes
  • Laundry Room:Laundry Room: Yes
  • Style:Split Entry: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Bulkhead, Finished, Full, Sump Pump, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Turnpike/Interstate, Rural
  • View: Fields, Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 38332.8
  • Parcel #: PALA-000005-000041-000005
  • Zoning: res

Tax Info

  • Tax Annual Amount: 1285.0
  • Tax Book Number: 5696
  • Tax Lot: 41-5
  • Tax Map Number: 5
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Aug 30, 2024
Sold by
Mcmullen Robert L
Bought by
Woodard Seth
Seller's Agent
Mike Merrow
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Michael Merrow
Trundy & Company Real Estate
List Price
$249,900
Sold Price
$199,900
Premium/Discount to List
-$50,000
-20.01%
Views
10
Current Estimated Value
$219,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,364
Avg. Annual Appreciation
9.69%
Original Mortgage
$199,898
Outstanding Balance
$197,958
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$21,306

Purchase Details

Listed on
Feb 5, 2021
Closed on
Apr 6, 2021
Sold by
Macleod Ryan W
Bought by
Mcmullen Robert L
Seller's Agent
Linda Butterfield
Coldwell Banker Plourde Real Estate
Buyer's Agent
Andrew McMullen
Central Maine Real Estate
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$150,000
Interest Rate
3.05%
Mortgage Type
VA

Purchase Details

Listed on
Dec 2, 2017
Closed on
Dec 27, 2017
Sold by
Rutal Housing Services
Bought by
Merrow Lori
Seller's Agent
Earle Kenney
Sprague & Curtis Real Estate
Buyer's Agent
Michael Merrow
Trundy & Company Real Estate
List Price
$40,500
Sold Price
$41,000
Premium/Discount to List
$500
1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.15%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Woodard Seth $199,900 Gateway Title
Woodard Seth $199,900 Gateway Title
Mcmullen Robert L -- None Available
Mcmullen Robert L -- None Available
Merrow Lori $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodard Seth $199,898
Closed Woodard Seth $199,898
Previous Owner Mcmullen Robert L $150,000
Previous Owner Macleod Ryan W $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $199,900 0.0% $147 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $199,900 -9.1% $147 / Sq Ft
07/29/2024 07/29/24 Price Changed $219,900 -4.3% $162 / Sq Ft
07/24/2024 07/24/24 Price Changed $229,900 -4.2% $169 / Sq Ft
07/22/2024 07/22/24 Price Changed $239,900 -4.0% $176 / Sq Ft
07/15/2024 07/15/24 For Sale $249,900 +66.6% $184 / Sq Ft
04/06/2021 04/06/21 Sold $150,000 -6.2% $110 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $159,900 +46.7% $118 / Sq Ft
03/16/2018 03/16/18 Sold $109,000 -0.8% $105 / Sq Ft
02/04/2018 02/04/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $109,900 +168.0% $106 / Sq Ft
12/20/2017 12/20/17 Sold $41,000 +1.2% $40 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
12/02/2017 12/02/17 For Sale $40,500 -- $39 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,285 $116,840 $26,270 $90,570
2023 $1,285 $116,840 $26,270 $90,570
2022 $1,256 $73,900 $19,600 $54,300
2021 $1,312 $73,900 $19,600 $54,300
2020 $1,330 $73,900 $19,600 $54,300
2019 $1,301 $73,900 $19,600 $54,300
2018 $1,328 $70,800 $16,500 $54,300
2017 $1,274 $70,800 $16,500 $54,300
2016 $1,211 $68,200 $13,900 $54,300
2015 $1,132 $68,200 $13,900 $54,300
2012 $1,023 $68,200 $13,900 $54,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1596943

Maine Listings

APN: PALA-000005-000041-000005